NOT LISTED FOR SALE

3540 4th Ave S Minneapolis, MN 55408

Central Neighborhood

Estimated Value: $167,000 - $186,252

2 Beds
1 Bath
1,325 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $91,500 $69 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,342/month

68 Days on Market

Highlights

  • 1 Car Detached Garage
  • Porch
  • Side by Side Parking
  • Washburn High School Rated A-
  • Eat-In Kitchen
  • 4-minute walk to Ernestine Belton Memorial Playground

About This Home

As of March 2014

What a place to call home! 3 levels-open floor plan on main level. Plenty of light & storage! Ft and back porch. One car garage with des. space for 2nd car. Great TH in the heart of the city, enjoy summer on your front porch!

Last Agent to Sell the Property

Henry Rucker

Banneker Realty, LLC Listed on: 12/11/2013

Co-Listed By

Eric Heard

Banneker Realty, LLC

Last Buyer's Agent

Paul Busselman

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1985

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Side by Side Parking

Additional Features

  • Eat-In Kitchen
  • Porch
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • Finished Basement

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Listing and Financial Details

  • Assessor Parcel Number 0302824410201

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,279

Year Built

Built in 1985

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities Exterior: Porch
  • Construction: Previously Owned
  • Foundation Size: 520
  • Parcel Number: 0302824410201
  • Projected Closed Date: 04/11/2014
  • Taxes With Assessments: 1279
  • Comp Dev Subdiv Name: Markley Square
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x12, On Level: Main
  • Room 3: Family Room, 20x12, On Level: Lower
  • Room 4: Kitchen, 18x12, On Level: Main
  • Room 5: Bedroom, 14x11, On Level: Upper
  • Room 6: Bedroom, 12x10, On Level: Upper
  • Room 9: Porch, 15x15, On Level: Main
  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 1040
  • Below Grade Finished Sq Ft: 285
  • Total Fin Square Footage: 1325

Exterior Features

  • Frontage Road: City
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 255

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2013
  • Tax Value: 1279

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Mar 28, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Juman Shazad
Seller's Agent
Henry Rucker
Banneker Realty, LLC
Buyer's Agent
Paul Busselman
RE/MAX Advantage Plus
List Price
$111,900
Sold Price
$91,500
Premium/Discount to List
-$20,400
-18.23%
Total Days on Market
68
Current Estimated Value
$177,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,563
Avg. Annual Appreciation
6.08%
Original Mortgage
$73,200
Outstanding Balance
$56,348
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$120,715

Purchase Details

Closed on
Mar 21, 2013
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 14, 2012
Sold by
Shoua V Cheam
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jun 30, 2008
Sold by
Cheam Shoua V and Cheam Son
Bought by
Gmac Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,050
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2004
Sold by
The Berkley Group Inc
Bought by
Clark Elizabeth T and Clark George C

Purchase Details

Closed on
Aug 7, 1996
Sold by
Skurdal Leslie S
Bought by
Perea Irene L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Juman Shazad -- Network Title Inc
The Secretary Of Housing & Urban Develop -- None Available
Gmac Mortgage Llc $124,015 --
Gmac Mortgage Llc $124,014 None Available
Cheam Shoua $125,000 --
Clark Elizabeth T $119,900 --
Perea Irene L $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juman Shazad $73,200
Previous Owner Cheam Shoua $123,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $91,500 -18.2% $69 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $111,900 -- $84 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,763 $156,000 $17,000 $139,000
2022 $1,632 $149,000 $16,000 $133,000
2021 $1,439 $140,000 $12,000 $128,000
2020 $1,346 $125,000 $16,100 $108,900
2019 $1,478 $108,500 $16,100 $92,400
2018 $1,400 $90,500 $16,100 $74,400
2017 $1,321 $77,000 $16,100 $60,900
2016 $1,276 $77,000 $16,100 $60,900
2015 $1,135 $68,000 $16,100 $51,900
2014 -- $62,500 $16,100 $46,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Henry Rucker

    Banneker Realty, LLC

  • E

    Seller Co-Listing Agent in 2014

    Eric Heard

    Banneker Realty, LLC

  • P

    Buyer's Agent in 2014

    Paul Busselman

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4564701

REALTOR® Association of Southern Minnesota

APN: 03-028-24-41-0201

Minnesota Hennepin County Minneapolis 55408 Central

3540 4th Ave S, Minneapolis, MN

This home is located at 3540 4th Ave S, Minneapolis, MN 55408 since 11 December 2013 and is currently estimated at $177,063, approximately $133 per square foot. This property was built in 1985. 3540 4th Ave S is a home located in Hennepin County with nearby schools including Lyndale Elementary School, Justice Page Middle School, and Washburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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